{"id":273542,"date":"2026-05-25T16:53:13","date_gmt":"2026-05-25T12:53:13","guid":{"rendered":"https:\/\/armbanks.am\/?p=273542"},"modified":"2026-05-25T16:53:18","modified_gmt":"2026-05-25T12:53:18","slug":"head-of-central-bank-named-two-main-risks-for-financial-stability","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2026\/05\/25\/273542\/","title":{"rendered":"Head of Central Bank named two main risks for financial stability"},"content":{"rendered":"\n

YEREVAN, May 25. \/ARKA\/. <\/strong>There are two main risks for the financial stability of Armenia: one is associated with external factors, the other with internal processes, said the Chairman of the Central Bank Martin Galstyan, presenting the financial stability report for 2025.<\/p>\n\n\n\n

According to him, among external risks, factors associated with high global political and economic uncertainty still remain a priority.<\/p>\n\n\n\n

\u201cAs early as 2026, ongoing conflict in the Middle East has caused a significant negative supply shock to the global economy, leading to sharp increases in energy prices, increased volatility in financial markets and rising government bond yields,\u201d he said.<\/p>\n\n\n\n

In these conditions, Galstyan noted, the risks of a slowdown in global economic growth and the formation of a global inflationary environment, which largely depend on the duration of the conflict and the possible scale of further escalation, have increased significantly.<\/p>\n\n\n\n

\u201cThere are estimates that even if the conflict ends today, we will still feel its consequences for several months,\u201d he explained.<\/p>\n\n\n\n

Among the internal risks, the head of the Central Bank highlighted the possible accumulation of credit risks against the backdrop of high growth rates in lending to the economy.<\/p>\n\n\n\n

\u201cIn particular, the high growth rates of loans provided to households and the construction industry in recent years may become a signal of an increase in the debt burden in the sector and the accumulation of the resulting credit risks,\u201d Galstyan emphasized.<\/p>\n\n\n\n

In this regard, he noted that in contacts with private sector partners, the regulator constantly emphasizes the need for a reasonable approach to risk management.<\/p>\n\n\n\n

\u201cYou don\u2019t need to concentrate only on what is happening today. We need to look a little ahead and assess the risks that may arise in stressful situations,\u201d said the head of the Central Bank.<\/p>\n","protected":false},"excerpt":{"rendered":"

There are two main risks for the financial stability of Armenia: one is associated with external factors, the other with internal processes, said the Chairman of the Central Bank Martin Galstyan, presenting the financial stability report for 2025.<\/p>\n","protected":false},"author":5,"featured_media":258498,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12315,12139,9216],"tags":[16278],"class_list":["post-273542","post","type-post","status-publish","format-standard","has-post-thumbnail","category-announces","category-economy-en","category-news","tag-bank"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t